House, “Rudklao” reveals MPI for April 2024 expanded 3.43 percent to a level of 90.34, expanding positively for the first time in 18 months as a result of the world economy starting to recover. Improved expansion of the export sector and tourism that continues to grow
Mrs. Radklao Inthawong Suwankiri, Deputy Spokesperson for the Prime Minister’s Office, said that the Industrial Economics Office (OIE) released the Industrial Production Index. (Manufacturing Production Index – MPI) in April 2024 that expanded by 3.43 percent compared to the same period last year. It was at the level of 90.34 from the previous period which had continuously contracted for 18 consecutive months, which was a result of the global economy starting to recover. Improved expansion of the export sector and tourism that continues to grow
Deputy Spokesperson for the Prime Minister’s Office He further said that Industries driving MPI in April 2024 include other machinery industries. for general use Especially with air conditioners with i
ncreased orders due to weather conditions Combined with new air conditioning features such as PM2.5 dust filters, which meet the needs of buyers. The animal feed production industry increased 18.11% year-on-year. This is driven by increased demand for pet ownership. And the petroleum production industry increased by 4.78% due to increased tourism activities.
However, we still need to watch out for negative factors. Both externally and internally, such as the effects of climate change that are likely to affect industries that depend on agricultural products. and geopolitical issues
‘Mr. Settha Thavisin, Prime Minister, has always emphasized at every stage the readiness of Thailand to welcome investors and investment from abroad. Now is the most appropriate time to invest in Thailand. which is from economic stimulus measures investment promotion and tourism Including positive signs from the world economy that is starting to recover. Export sector expanding and tourism that continues to grow This has allowed t
he government to make progress in restoring the economy,’ Mrs. Rudklao said.
Source: Thai News Agency